Semantic memory plays a fundamental role in many cognitive functions. Despite its central role in cognition, little attention has been paid to its involvement in everyday actions. The objective of this theoretical paper is to establish a link between current models of semantic memory and of everyday actions. Following a brief description of Grafman’s (1995) model of scripts and Cooper and Shallice’s (2000) model of schemas, we present the main models of semantic memory (sensory functional, domain-specific, semantic hub). Barsalou’s (2003) situated simulation theory is then presented. This theory provides a bridge between the two areas of research and clarifies the role of semantic memory in decision-making and in the achievement of everyday actions. More specifically, we present two of its premises: goal-derived categories and simulation. Finally, we propose directions for future research exploring the relationship between semantic memory, problem solving and routine actions.